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Aug 27, 2010
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on the newshour tonight, we talk to economists paul krugman and douglas holtz-eakin about the state of the recovery, and whether the fed and others are doing enough to help. >> woodruff: then, we have the second of jeffrey kaye's reports from northern pakistan. >> while the world is focused on the immediate needs of pakistan, homelessness, -- issues, rebuilding it, et cetera. this is also a crisis in slow motion. >> from iraq margaret warner >> brown: from iraq, margaret warner updates a violent week as the u.s. combat mission winds down. >> woodruff: betty ann bowser returns to new orleans to find out how three families are coping five years after katrina. >> i think we've done a great job considering all the odds that were against us. >> brown: and mark shields and david brooks offer their weekly analysis. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions t
on the newshour tonight, we talk to economists paul krugman and douglas holtz-eakin about the state of the recovery, and whether the fed and others are doing enough to help. >> woodruff: then, we have the second of jeffrey kaye's reports from northern pakistan. >> while the world is focused on the immediate needs of pakistan, homelessness, -- issues, rebuilding it, et cetera. this is also a crisis in slow motion. >> from iraq margaret warner >> brown: from iraq, margaret...
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Aug 29, 2010
08/10
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paul krugman says it is about he evading responsibility. >>this is not behner's solution, paul krugman says we did not spend enough money. >> it was a $1 trillion stimulus and he wants another $1 trillion. >> they cannot be laid responsibility. that is just ridiculous. whatever happens will happen on their watch and they will be tagged with it. what is interesting is when you look at the clip you set up between behner and biting, that is the message for the fall. this will be a class war for election. it will look backward and forward because both sides want to make that argument. >> you are absolutely right. john behner has introduced a campaign strategy which is vaguenessd. that will be the agenda and the platform. he is asking to fire people. the problem for the democrats is this -- the energizer bunny for the 2002 debt -- 2006-2008 campaign has disappeared because of george w. bush being a circumspect and discreet former president. it makes it very difficult for democrats to demonize him again. he has become a non-per cent. >son. he has
paul krugman says it is about he evading responsibility. >>this is not behner's solution, paul krugman says we did not spend enough money. >> it was a $1 trillion stimulus and he wants another $1 trillion. >> they cannot be laid responsibility. that is just ridiculous. whatever happens will happen on their watch and they will be tagged with it. what is interesting is when you look at the clip you set up between behner and biting, that is the message for the fall. this will be...
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Aug 31, 2010
08/10
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CNN
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>> tomorrow, when i hope it does become possible in november, i, i will actually accept paul krugman's challenge and welcome obstructionism. john rosemont, he says best things parents can give, the best vitamin they can give their children is vitamin n, his term for no. no does a lot of good in life. and no to more spending. and no to bigger government. my motto i coined a number of years ago. the bigger the government, the smaller the citizen. as the government and the state grow, the human being becomes lessened. and so we have to turn back a 2,500-page law, series of laws, more and more laws controlling our health. we have to turn back a 2,000-page system of new laws. >> dennis, why didn't i hear you say any of that when george bush was running up the deficit, tax cuts for the rich, unnecessary, illegal war in iraq. wasn't any of that operative back then. spending is not just spending. barack obama is spending to get us out of the hole that george bush put us in. most economists would agree on that. the bailout of gm worked. gm is in profits and we're going, american taxpayer will m
>> tomorrow, when i hope it does become possible in november, i, i will actually accept paul krugman's challenge and welcome obstructionism. john rosemont, he says best things parents can give, the best vitamin they can give their children is vitamin n, his term for no. no does a lot of good in life. and no to more spending. and no to bigger government. my motto i coined a number of years ago. the bigger the government, the smaller the citizen. as the government and the state grow, the...
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george will, paul krugman, and donna brazile. and from madrid, ahmed rashid, the world's expert on the taliban. so stay with us. [ male announcer ] the financial headlines can be unsettling. but what if there were a different story? of one financial company that grew stronger through the crisis. when some lost their way, this company led the way. by protecting clients and turning uncertainty into confidence. what if that story were true? it is. ♪ it is. this is data. data generated from an electrical grid. from wires, streets, businesses, homes. when you can harness data, you can do things you couldn't do before. prepare for alternative energy sources, accelerate the adoption of electric vehicles, help prevent blackouts. see the data from energy usage as it happens and you can do what they're doing in places like california and build a smarter energy system. let's build a smarter planet. [ man ] if it was simply about money, every bank loan would be a guarantee of success. at ge capital, loaning money is the start of the relati
george will, paul krugman, and donna brazile. and from madrid, ahmed rashid, the world's expert on the taliban. so stay with us. [ male announcer ] the financial headlines can be unsettling. but what if there were a different story? of one financial company that grew stronger through the crisis. when some lost their way, this company led the way. by protecting clients and turning uncertainty into confidence. what if that story were true? it is. ♪ it is. this is data. data generated from an...
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krugman who's saying the u.s. may have already fallen into the early stages of a long depression really and even former fed chairman alan greenspan saying a double dip recession can't be ruled out so here to discuss this so-called recovery with me is derek thompson from the atlantic now derek first of all welcome to the show thank you for being here. what do you make of timothy geithner's argument welcome to the recovery first of all i didn't say that. you know what is his case for optimism do you buy it you know i don't buy it i think an analogy here is useful and it's a cliche but i think it's useful cliché. the recession was an inferno right to threaten to consume this building and here came the firefighters with tarp and the stimulus and the bank stress test and they put out the fire but all we have is we have a house that has a charred kitchen a second floor that's about to crumble on top of the first floor and the firefighters welcome the people in the house back and they say welcome to your home it just it
krugman who's saying the u.s. may have already fallen into the early stages of a long depression really and even former fed chairman alan greenspan saying a double dip recession can't be ruled out so here to discuss this so-called recovery with me is derek thompson from the atlantic now derek first of all welcome to the show thank you for being here. what do you make of timothy geithner's argument welcome to the recovery first of all i didn't say that. you know what is his case for optimism do...
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Aug 11, 2010
08/10
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krugman is right and we needed a larger stimulus, he wanted a stimulus that is about $400 billion. >> rose: he probably was right at the beginning. >> he may have been right but here is the question, charlie, suppose you spend that money now, suppose you spend it then, then what? at some point the money runs out and the private sector has to start investing and hiring. but the government can't just keep spending this money -- >> they haven't starting investing in hiring? >> theirst reason they are not referring is because there is no demand for product. and certainly no demand for products that would require them to build new factories, in other words, they could was the existing factories to produce. so no businessman is going to pass up an opportunity to make money because he doesn't like barack obama, but it is certainly -- >> rose: no but you are a making an investment because you make a judgment about the future. >> right. and that's where i was getting to. so in the longer term, exactly there is the sense of unease where we are going with the debt, with healthcare reform with r
krugman is right and we needed a larger stimulus, he wanted a stimulus that is about $400 billion. >> rose: he probably was right at the beginning. >> he may have been right but here is the question, charlie, suppose you spend that money now, suppose you spend it then, then what? at some point the money runs out and the private sector has to start investing and hiring. but the government can't just keep spending this money -- >> they haven't starting investing in hiring?...
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Aug 4, 2010
08/10
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very distinguished economist like paul krugman says that you have to provide more stimulus. he recommends that we provide more aid directly to the states through f maps and other provisions, and maybe two more in terms of infrastructure. on the other half they say that we have record deficits and debts now. you have to take immediate steps to reduce deficits and debt now. so no further stimulus. dr. berner, what would your recommendation question mark janitor -- what would be your recommendation? >> khaki for the question. i think we ought to address our policies were specifically to address those problems. i think the problem that we've all talked about here involves housing finance and the state of balance sheets and the negative equity position in which many mortgage owners find themselves. cleaning those problems up, mitigating those problems really involves fiscal policy. and we're using fiscal policy to do that. the losses incurred on the agency mortgages, from fannie and freddie, you and i are paying for that as those losses occur. the problem with that strategy, simp
very distinguished economist like paul krugman says that you have to provide more stimulus. he recommends that we provide more aid directly to the states through f maps and other provisions, and maybe two more in terms of infrastructure. on the other half they say that we have record deficits and debts now. you have to take immediate steps to reduce deficits and debt now. so no further stimulus. dr. berner, what would your recommendation question mark janitor -- what would be your...
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Aug 23, 2010
08/10
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also paul krugman writes opinion piece in "the new york times," now, that's rich, looking at the bush tax cuts. he says -- the headline for his piece is called "now, that's rich." "the wall street journal" opinion piece on spending. how much the spending baseline has increased in 31 months, $4.40 trillion. it says -- new jersey, i ran on the democratic line. what is on your mind this morning? caller: first of all, let's just say that i really support the end of the bush tax cuts. i am very sorry that our society has become of rich and the poor. the middle class has just dropped out of sight. may i also please comment about c-span. i think basically you really do a fair job but every morning when i see that number 0001 republicans, 0002 democrats, there is an unconscious thing, everybody knows number 1 is what you want to be. host: the watch it frequently? every month we change it up whether it is democrats first or republicans first. caller: i am very happy to hear that. it does not matter so much who is first or second but the fact that one is 001, 002, these have psychological impac
also paul krugman writes opinion piece in "the new york times," now, that's rich, looking at the bush tax cuts. he says -- the headline for his piece is called "now, that's rich." "the wall street journal" opinion piece on spending. how much the spending baseline has increased in 31 months, $4.40 trillion. it says -- new jersey, i ran on the democratic line. what is on your mind this morning? caller: first of all, let's just say that i really support the end of the...
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Aug 3, 2010
08/10
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paul krugman says you have to provide more stimulus. he recommends that we provide more aid directly to the states other provisions and do more in terms of its route -- emperor structure. on the other side are those who say that we have record deficits and debt and we have to take immediate steps to reduce deficits and debt now. they say no further stimulus. dr.berner, what would be your recommendation as to what course to pursue? >> as i indicated earlier, i think we have a number of specific problems. we should address our policies more specifically to address those problems. one of the biggest problems that all of us have talked about today involves housing financing and a state of balance sheets, the negative equity position in which many mortgage borrowers find themselves. cleaning those problems up, mitigating those problems really involves fiscal policy. we are using fiscal policy currently to do that. losses incurred on mortgage- backed securities from fannie mae and freddie mac, you and i are paying that as built losses occur.
paul krugman says you have to provide more stimulus. he recommends that we provide more aid directly to the states other provisions and do more in terms of its route -- emperor structure. on the other side are those who say that we have record deficits and debt and we have to take immediate steps to reduce deficits and debt now. they say no further stimulus. dr.berner, what would be your recommendation as to what course to pursue? >> as i indicated earlier, i think we have a number of...
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Aug 4, 2010
08/10
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paul krugman says you have to provide more stimulus. he recommends that we provide more aid directly to the states other provisions and do more in terms of its route -- emperor structure. on the other side are those who say that we have record deficits and debt and we have to take immediate steps to reduce deficits and debt now. they say no further stimulus. dr.berner, what would be your recommendation as to what course to pursue? >> as i indicated earlier, i think we have a number of specific problems. we should address our policies more specifically to address those problems. one of the biggest problems that all of us have talked about today involves housing financing and a state of balance sheets, the negative equity position in which many mortgage borrowers find themselves. cleaning those problems up, mitigating those problems really involves fiscal policy. we are using fiscal policy currently to do that. losses incurred on mortgage- backed securities from fannie mae and freddie mac, you and i are paying that as built losses occur.
paul krugman says you have to provide more stimulus. he recommends that we provide more aid directly to the states other provisions and do more in terms of its route -- emperor structure. on the other side are those who say that we have record deficits and debt and we have to take immediate steps to reduce deficits and debt now. they say no further stimulus. dr.berner, what would be your recommendation as to what course to pursue? >> as i indicated earlier, i think we have a number of...
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Aug 23, 2010
08/10
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also paul krugman writes opinion piece in "the new york times," now, that's rich, looking at the bush tax cuts. he says -- the headline for his piece is called "now, that's rich." "the wall street journal" opinion piece on spending. how much the spending baseline has increased in 31 months, $4.40 trillion. >> mean will leave "washington journal" to go to a special briefing on pakistan flood relief. >> we'll begin with special representative feldman who will give us an update on his recent trip to pakistan and then handed over to the deputy secretary. >> thank you very much. good to see many of you again. i want to give a barrick -- a very brief read out on the trip i took last week. i was part of senator kerrey -- kerry's trip. there were four or five of us traveling. during her time in pakistan, we've visited the staging area for the u.s. helicopters. we spoke to troops there. in really demonstrated to us the joint coordination between the u.s. and pakistan military. we have briefings by u.s. and pakistani leadership. this is an area where we have a number of military and civilian he
also paul krugman writes opinion piece in "the new york times," now, that's rich, looking at the bush tax cuts. he says -- the headline for his piece is called "now, that's rich." "the wall street journal" opinion piece on spending. how much the spending baseline has increased in 31 months, $4.40 trillion. >> mean will leave "washington journal" to go to a special briefing on pakistan flood relief. >> we'll begin with special representative...